Global financial assets increased by 8.6% in 2025 to a record EUR268.4 trillion ($304.4 trillion), despite a challenging geopolitical and economic backdrop, says a new report.
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A deal has been signed to study the development of a major transport-oriented mixed-use destination within King Salman Gate in Makkah costing SR21 billion ($5.6 billion).
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Etihad Rail’s Dubai Station was inaugurated on Monday, marking the official launch of the UAE’s national passenger rail network and the beginning of a new phase of expansion connecting more cities and regions across the country.
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Artificial intelligence company Anthropic has warned prospective investors that increasingly advanced AI systems could pose “catastrophic or existential risks to humanity”, putting one of the technology industry's starkest warnings about AI safety into a prospectus for a stock market listing that could value the company at more than $2 trillion.
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Oil, gold and silver have followed markedly different trajectories over the past six months, as geopolitical tensions, changing US interest-rate expectations reshape global commodity markets. Oil has responded to geopolitical developments, while gold has been driven primarily by monetary policy and silver by both rates and industrial demand, said an expert.
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Meraas, a member of Dubai Holding Real Estate, has awarded a contract valued at nearly AED1 billion ($272.3 million) for the construction of 272 new villas and townhouses in Phase 7 of the Nad Al Sheba Gardens residential development. The project is set for completion in Q2 2028.
Robo.ai., a Nasdaq-listed technology group building intelligent infrastructure, has announced the groundbreaking of the Phase I of Alif Holding Group Industrial Park at Umm Al Quwain. The first of the park's three planned phases, it will have a designed gross floor area of 8,845 sq m.
Over 750 CEOs and participants from 70+ countries will convene for dialogue and partnerships around food systems at the upcoming Future Food Forum in Dubai amid an AED40 billion ($10.89 billion) sector growth push in the UAE.
Ohana Development, a leading UAE real estate developer, has officially broken ground on Manchester City Yas Residences by Ohana, its AED15 billion ($4.08 billion) gated waterfront community located on Yas Canal in Abu Dhabi.
Travel and tourism conditions have strengthened across most of the world, a new World Economic Forum report finds, but destinations face a growing challenge: turning record demand into lasting value amid rising costs, geopolitical and climate disruptions.
The UAE and Argentina have launched negotiations for a Comprehensive Economic Partnership Agreement (CEPA), on the sidelines of the 81st session of the United Nations General Assembly in New York.
Saudi Arabia, Türkiye and Pakistan are moving to deepen military coordination as Houthi attacks on the kingdom intensify, with the three countries preparing an urgent meeting of their chiefs of staff under a newly signed joint defence pact.
Saudi Arabia Railways has signed an agreement with the Swiss Export Risk Insurance SERV and KfW IPEX-Bank, Commerzbank and UBS Switzerland to finance the purchase of 10 new passenger trains from Swiss manufacturer Stadler. The purchase is part of SAR’s strategic plans to boost its passenger fleet.
The ocean economy is valued at $2.6 trillion, making it the world’s fifth-largest economy if considered a country, said a new report, adding that the sector had doubled in real terms over the past 25 years, with gross value added rising from $1.3 trillion in 1995 to $2.6 trillion in 2020.
The National Bank of Bahrain (NBB) has signed agreements with Union Real Estate and Effects Real Estate to expand its partnerships with property developers and offer prospective homebuyers in the kingdom access to residential projects and financing options.
ADIPEC 2026 is set to welcome its strongest-ever participation from Asia, with 353 companies and six national pavilions from China, India, Japan, Malaysia, Singapore and South Korea joining the event in Abu Dhabi from November 2-5.
Accor and Dubai-based developer CITYVIEW Developments have announced the signing of Pullman Residences & Offices Dubai Meydan, expanding their partnership and introducing a new mixed-use development in Dubai.
Dubai Ruler Sheikh Mohammed bin Rashid Al Maktoum has issued a decree forming the board of directors of the Investment Corporation of Dubai (ICD), with Crown Prince Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum as its Chairman, reported state news agency Wam.
Global financial assets increased by 8.6% in 2025 to a record EUR268.4 trillion ($304.4 trillion), despite a challenging geopolitical and economic backdrop, says a new report.
Abu Dhabi-based Burtville Developments has completed the handover of Ville 11, its boutique residential development in Masdar City, featuring 111 residential units with a mix of two- to four-bedroom apartments alongwith a range of thoughtfully planned amenities.
A High-Level Ministerial Majlis and Resilience Dialogue titled ‘From Shock to Resilience: Safeguarding Food Security and Critical Supply Chains Amid Regional Disruptions’ focused on moving from responding to disruptions after they occur to preparing proactively for risks and building resilience.
SAP and Petroleum Development Oman (PDO) are collaborating to develop Omani digital talent by connecting PDO’s Digital Innovation Programme with the SAP Young Professionals programme (YPP), creating a pathway for emerging professionals to pursue careers in technology consulting.
Key Mavens, a Dubai-based boutique luxury developer, has signed a strategic partnership agreement with Lulu Retail to operate the primary commercial retail space at its prime community destination Le Meryeme - Liwan. Under this deal, LuLu Hypermarket will open as a core anchor tenant.
Dubai Ruler Sheikh Mohammed bin Rashid Al Maktoum has issued a decree forming the board of directors of the Investment Corporation of Dubai (ICD), with Crown Prince Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum as its Chairman, reported state news agency Wam.
Cisco IT’s recent Wi-Fi 7 deployment across its global environment demonstrated that network modernisation can deliver security benefits alongside faster connectivity and improved performance.
The global debut Bentley’s all-new Torcal has taken place, the car becoming the brand’s fourth model line.
CABSAT and SATExpo will take place from October 5 to 7, 2026 bringing together international leaders across media, content, broadcast, Pro AV, satellite communications and space technology.
LIVEX 2026, which opens in Abu Dhabi on Tuesday, has announced more than 20 leading organisations as partners for the liveability and investment exhibition, bringing together key players at the forefront of shaping and delivering liveability across the emirate.
